1440 E Andrews AveFresnoCA93704
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fresno at 1440 E Andrews Ave, Fresno, CA, 93704 uses $72,930 cash to close to unlock $2,807/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,077/mo payment keeps the spread at $234/mo. Purchase price stands at $220,000, and rental yield measures 9.16% with $1,680/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 124% and total cumulative return in cash records $90,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1924
6,699 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93704, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 6,178 (51.8%) |
| Renter Occupied HU | 5,144 (43.2%) |
| Vacant Housing Units | 595 ( 5.0%) |
| Median Home Value | $445,508 |
| Average Home Value | $504,721 |
Housing Distribution
Address Breakdown
Residential
11,423
Single Family
9,346
Multi-Family
2,077
Businesses
715
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Listed by: Russ C. Matsumoto • eXp Realty of California, Inc.
Mls Name: Fresno MLS
Mls ID: #625002